Our Story

Pictured: Angie Chastain, COO and Michal Parker, CEO.
Pictured: Angie Chastain, COO and Michal Parker, CEO.

At Secured Advantage Federal Credit Union, we help our members get ahead. As a member-owned cooperative, profits are returned back to members through lower loan rates, higher yields on savings, and fewer fees.

We don’t charge the fees that the other banks do. After all, we don’t have to answer to shareholders. We’re responsible to you, our member-owner.

We’re motivated by what you’ll do tomorrow. Whatever your personal journey, Secured Advantage is here to offer you smart financial solutions.

What matters most to you in life? Be a part of what’s happening at Secured Advantage.

Our Roots

Secured Advantage Federal Credit Union was first organized in 1959 by a group of Cryovac employees. In 1998, when the brand packaging solutions company was acquired by Sealed Air Corp., the credit union expanded to serve the larger multinational corporation specializing in food care, product protection and healthcare solutions. We serve Sealed Air employees today in Iowa Park, Texas, as well as Simpsonville and Duncan, South Carolina.

We believe, “Together We’re Stronger.” As we continue to pursue and foster the fundamental ideals of hope and unity, we’ve found other Select Employer Groups to serve. From our Main Street branch in Duncan, SC, we are well positioned to serve the workforce of advanced manufacturing and small businesses, as well as the employees, volunteers and the people served by nonprofit organizations in Spartanburg County.

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